Question 1: Why is logistics important to a business? Provide advantages and disadvantages. Explain the logistics Processes that is inbound logistics, outbound logistics and reverse logistics.
Question 2: What rationale for why is it important in private companies and public organizations?
Question 3: Explain the importance of logistics important on a macro level and the contributions of logistics to the economy.
Question 4: How does logistics add value in the economy? How does logistics add value for firms? What, if any are the differences? Detail the forms of utility.